SoFi (SOFI) Reports $12.18B Q1 Loan Originations, Projects 2026 Revenue
Published on Β· Source: finance.yahoo.com
AI Summary
Summarized by AI from the source belowSoFi Technologies (SOFI) reported $12.18 billion in Q1 loan originations, a 68% increase year over year. The company has guided to an adjusted net revenue of $4.655 billion for 2026, despite personal loan charge-offs rising to 3.03%. Year-to-date, SoFi shares have fallen 40% due to concerns over multiple compression and credit quality. Analysts' consensus indicates a target price of $21.10, with a bold target of $50 per share requiring a 218.7% increase from the current price of $15.69 and a forward P/E ratio of 89x.
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Get the weekly market brief
One email every Monday: what moved, why, and what to watch. Free, unsubscribe anytime.
Get stories like this as they break
Our Telegram channel posts every market story the moment it is published. Free, and you can mute or leave anytime.
